Government Debt Grants – Money to Help with Bills

June 1st, 2009

Those seeking financial assistance tend to overlook the government debt grants that are provided to help individual receive the money they need to pay off their credit cards, utility bills and other personal expenses. Because these programs are not typically advertised, most people are completely unaware that help is available.

Government debt grants help people who may be overhead in debt as a result of educational expenses, medical bills, mortgage and real estate disaster, or credit cards interest rates that lost control. When expenses get out of control and the value of your assets is worth less than you owe, the financial term is, “being upside-down.” And it can feel like your life is upside-down too.

Trying to pay off your bills on your own can seem impossible and could take a lifetime. For most people, the only option they see is to consolidate their debts or file for bankruptcy. Of course these options are not always actually a solution. They may eliminate your debt, but it can cause other issues such as destroyed credit. But government debt grants can provide an alternate solution that won’t damage your credit and can provide immediate cash to turn your situation around.

Eliminate Credit Card Bills

Pay Off Student Loans

Get Help With Medical Bills and Mortgage Payments

Ultimately, these programs want to see that by providing the money you need to wipe your debt clean that you will be able to get back on your feet again. Keep in mind when you submit your grant application that you’ll want to demonstrate that the money you receive will help in a way that will not require seeking additional assistance.

Debt grants are available to individuals who are at least 18 years old and a tax paying citizen. There are many grants provided by various state, local and federal agencies. Therefore, the exact qualification requirements vary from program to program. However, there are many debt relief grants that can be provided regardless of income or credit. Applying doesn’t cost anything, and there is no down payment or collateral needed. The cash that you are awarded is also provided tax free.

Debt grants, however, are not just available through government agencies. There are many private organizations and nonprofit groups that offer money to individuals get back on their feet again. Regardless of what source you use to obtain your cash grant, you’ll never have to repay the funds you receive.

Because you can apply for and receive as many grants as you qualify for, access to the grant database and assistance program will provide the help you need to quickly find, apply and receive the money you need. These funding programs quickly come and go, and access to the database will provide you with currently available funds and the resources you need to quickly and properly apply for your debt grants.